By Bankier, Arlen & Snelling | Published September 15, 2020 | Posted in COVID-19, Estate Planning | Tagged Tags: COVID-19, digital wills, secure email, self-proving will, videoconferencing, will, witness | Comments Off on Preparing Your Estate Plan During the COVID-19 Pandemic
Preparing Your Estate Plan During the COVID-19 Pandemic
The continued spread of coronavirus has led more people to think about estate planning. This is certainly the case in Florida, where the state has topped 200 daily COVID-19 deaths on several occasions. For most people, an estate planning involves a will, a revocable trust, a durable power of appointment, a designation of health care Read More
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Understanding How COVID-19 May Have Affected the Value of Your Estate
The economic and personal upheaval triggered by the COVID-19 outbreak is likely to warrant a review of your estate plan, no matter how thorough you think it is. As Americans cope with health fears and financial volatility, it’s worthwhile to determine whether a will, trust, advance medical directive or other legal instrument needs to be Read More
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Florida Guardianship: How Your Estate Plan Can Protect You
Over the past several years, Florida guardianship has been in the news, with multiple stories revealing fraud and abuse by professional guardians who take advantage of elderly wards. Accusations aimed at guardians include overcharging, moving wards out of their homes to sell their property and even filing a do-not-resuscitate order without the individual’s knowledge, which Read More
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Digital Access and Your Estate Plan
If you have ever lost internet access or suffered a computer crash, you have likely experienced the jarring reminder of how much of your life exists online. From Facebook to your checking account, family photos to music collections, it’s easy to take for granted how dependent you are on the internet. Drafting a will and Read More
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What Happens When a Loved One Dies Without a Will?
After the death of a spouse, parent or another family member, the loss can be overwhelming to those left behind. But handling that person’s estate can be nearly as overwhelming, especially when the deceased didn’t have a will. When someone in Florida dies intestate — without a will — a probate court directs the distribution Read More
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What’s Wrong with Using DIY Wills?
Much like tax software that has helped ordinary people file their taxes online, online legal forms have made straightforward contracts such as lease agreements accessible without the help of an attorney. While that might work for the garden apartment you rent out, however, using a do-it-yourself will or trust is a riskier affair. Even if Read More
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What Are Estate Taxes, and Will They Affect Your Family?
Many taxpayers don’t really understand how estate taxes work or whether they — or their heirs — will ever be affected by them. The reality is that most estates won’t be subject to an estate tax even though some states (though not Florida) and the federal government assess them. With the recent changes to the Read More
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When Life Changes, So Should Your Estate Plan
It’s easy to have a set-it and forget-it attitude about your will and the rest of your estate planning documents. Finally having a plan in place is an achievement, but like a well-landscaped yard that you put a lot of time and money into creating, your plan still needs to be maintained and sometimes reworked. Read More
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